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Published on 9/28/2017 in the Prospect News Structured Products Daily.

New Issue: JPMorgan prices $462,000 contingent buffered digital notes tied to three indexes

By Susanna Moon

Chicago, Sept. 28 – JPMorgan Chase Financial Co. LLC priced $462,000 of 0% contingent buffered digital notes due Dec. 28, 2023 linked to the least performing of the Russell 2000 index, the S&P 500 index and the Dow Jones industrial average, according to a 424B2 filing with the Securities and Exchange Commission.

If each index finishes above its initial level, the payout at maturity will be par plus a fixed return of 85%.

If any index falls but by no more than the 30% contingent buffer, the payout will be par.

Otherwise, investors will lose 1% for each 1% decline of the worst performing index.

The notes are guaranteed by JPMorgan Chase & Co.

J.P. Morgan Securities LLC is the agent.

Issuer:JPMorgan Chase Financial Co. LLC
Guarantor:JPMorgan Chase & Co.
Issue:Contingent buffered digital notes
Underlying indexes:Russell 2000 index, S&P 500 index and the Dow Jones industrial average
Amount:$462,000
Maturity:Dec. 28, 2023
Coupon:0%
Price:Par
Payout at maturity:If each index gains, par plus 85%; if each index falls by up to 30%, par; otherwise, par plus return of worst performing index with full exposure to any losses
Initial levels:1,450.781 for Russell, 2,502.22 for S&P and 22,349.59 for Dow
Contingent buffer:30%
Pricing date:Sept. 22
Settlement date:Sept. 29
Agent:J.P. Morgan Securities LLC
Fees:None
Cusip:46647M4Q3

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